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Right here is SFP chart on a daily Timeframe. As seen on this chart, we have a descending triangle breakout at $1.1850.
Price rejected a resistance at $3.150 and it's on it's way back to the support zone at $1.710.
Therefore I expect a bounce back at $1.71 as it was a resistance that will turn to support and a right shoulder pattern for the inverted head and shoulder.
Then I expect price to rise from $1.71 by 100% to $3.410.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on SFP (SFPUSDT) 🤗
Happy Trading💰🥳🤗
Right here is SFP chart on a daily Timeframe. As seen on this chart, we have a descending triangle breakout at $1.1850.
Price rejected a resistance at $3.150 and it's on it's way back to the support zone at $1.710.
Therefore I expect a bounce back at $1.71 as it was a resistance that will turn to support and a right shoulder pattern for the inverted head and shoulder.
Then I expect price to rise from $1.71 by 100% to $3.410.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on SFP (SFPUSDT) 🤗
Happy Trading💰🥳🤗
Trade active:
With a trendline breakout spotted on the chart. now may be the best time to open a long position provided price does not go below the trendline within $1.68 - $1.70
Trade active:
SFP LIKELY MOVE
Trade active:
SFP LIKELY MOVE
Therefore, you can close your trade if you took this position
For those waiting for reversal at the support zone at $1.71 - $1.85. You can pick a long position within the support zone ONLY IF price reverses.